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Why the secrecy around NY Fed transactions involving U.S. government gold?

IMG Auteur

Chris Powell

GATA

Published : February 11th, 2013

46 words - Reading time : less than a minute

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FOLLOW : Bank Of New York Federal Reserve Federal Reserve Bank Federal Reserve Bank Of New York Gold Secrecy

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Category : GoldWire


	Financial journalist Lars Schall reports tonight (in the "Update 3" paragraph at the link below) that the Federal Reserve Bank of New York appears to be declining to explain the secrecy around its gold transactions and even around gold transactions involving the U.S. government-owned gold: http://www.larsschall.com/2013/01/30/ted-trum...ired-of-tran...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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